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Tata Group sells its Taj Boston for $125 million

Tata Group sells its Taj Boston for $125 million

Wed, Jul 13, 2016

"On May 18, 2016, the Indian hotels has accorded its approval to United Overseas Holding Inc (UOH) to pursue the option of divestment of Taj Bostan Hotel via sale or disposal of its entire issue along with outstanding LLC interests of IHMS (Boston) LLC at selling price not lower than $ 125 million to an independent third party," Indian Hotels said in a regulatory filing. 

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